ANALYSIS
NQ100 Finds Support from PPIApr 14
Level 132 is Critical in USDJPY
Having completed its correction in the global bond market, the US 10-years fell below 3.75 percent again, and brought support to the Japanese yen. Technically speaking, it is seen that the parity maintains its intermediate downward trend. As long as the 132.00 level above is maintained as a resistance, the risk of the parity falling to 127.95 behind 129.40 is quite high. On the possible crossing above 132.00, 133.50 resistance can be followed.
